Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.
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With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.
The post Sharp fall in gas prices brings Eni slump in…
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Eni has ironed out an agreement on the combination of its upstream assets in the UK, excluding East Irish Sea ones and CCUS activities with Ithaca Energy.
The post Eni and Ithaca firm up business combination deal to establish top-tier oil & gas pla…
The Maritime Union of Australia (MUA) is adamant that a recent gas pipeline rupture at a platform offshore Australia spotlights the need for regulatory action.
The post ExxonMobil’s pipeline rupture at gas platform offshore Australia prompts calls to r…
The Iran-Israel escalation puts the Middle East on the verge of a wider war with the potential to wreak havoc on global trade flows, and oil, gas, and LNG exports.
The post Middle East’s brewing cauldron of geopolitical tensions: Are oil & gas and …